{"id":13865,"date":"2022-09-03T17:55:36","date_gmt":"2022-09-03T17:55:36","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/largest-ethereum-mining-pool-ethermine-launches-new-eth-staking-service\/"},"modified":"2022-09-03T17:55:36","modified_gmt":"2022-09-03T17:55:36","slug":"largest-ethereum-mining-pool-ethermine-launches-new-eth-staking-service","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/largest-ethereum-mining-pool-ethermine-launches-new-eth-staking-service\/","title":{"rendered":"Largest Ethereum mining pool Ethermine launches new ETH staking service"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<p>Ethermine, the largest Ethereum mining pool, has announced the launch of a new ETH staking service that offers members a chance to collectively stake their ETH and earn 4.43% interest annually. The new staking service allows users to earn additional income on their ETH deposits.<\/p>\n<p>Members will require as little as 0.1 ETH (which is just about $159) to participate in the new ETH staking service. The staking service will, however, not be available to US miners.<\/p>\n<p>The new ETH staking service comes ahead of the much-anticipated Ethereum Merge, which is expected to happen on September 15.<\/p>\n<h2>Ethermine\u2019s new ETH staking pool<\/h2>\n<p>At press time, 393 Ether (worth about $626,000) had been invested in the new ETH staking pool.<\/p>\n<p>Such staking pools offer competitive interest rates and lower barriers of entry compared to solo staking pools that require node operators to stake at least 32 ETH.<\/p>\n<p>The switch to offer staking services is a huge step for Ethermine, which is largely known for operating a multi-currency mining pool that allows members to mine Ethereum (ETH), Ethereum Classic (ETC), Zcash, Ravecoin (RVN), Ergo (ERGO), and Beam (BEAM).<\/p>\n<p>It is important to note that once the highly anticipated Ethereum merge upgrade takes place, Ethereum mining will no longer be required as previously required for the proof-of-work consensus mechanism that Ethereum currently use. After the merge, Ethereum will move to the Proof-of-Stake (PoS) consensus mechanism that is geared towards staking rather than mining.<\/p>\n<\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/largest-ethereum-mining-pool-ethermine-launches-new-eth-staking-service\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Ethermine, the largest Ethereum mining pool, has announced the launch of a new ETH staking service that offers members a chance to collectively stake their ETH and earn 4.43% interest annually. The new staking service allows users to earn additional income on their [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":13866,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/13865"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=13865"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/13865\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/13866"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=13865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=13865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=13865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}